155
155
Jul 2, 2011
07/11
by
KQED
tv
eye 155
favorite 0
quote 0
i think it would be a big deal if the u.s. government couldn't pay its debts but i don't think that's where we're going to end up. we're not greece. greece is a small economy, greece is way, way deeper in hot than we are. people have lots of options where to put money and greece is low on their list because they think there's going to be a default. where the greece metaphor comes in is that greece and portugal and spain and ireland have raised questions about whether governments keep their promises. and to the extent that the congress and the president can agree on a long run fiscal plan, it raises the question of, are we ever going to get our act together so that we don't become greece? >> and is the market yet or do you suspect it will either price this in or panic? >> it's been amazing how calm the markets have been and i think there are two reasons for that. one is, they kind of assume that eventually washington will do what it has to do. and secondly, greece and europe have been such a preoccupation that nobody wants to h
i think it would be a big deal if the u.s. government couldn't pay its debts but i don't think that's where we're going to end up. we're not greece. greece is a small economy, greece is way, way deeper in hot than we are. people have lots of options where to put money and greece is low on their list because they think there's going to be a default. where the greece metaphor comes in is that greece and portugal and spain and ireland have raised questions about whether governments keep their...
113
113
Jul 3, 2011
07/11
by
KQED
tv
eye 113
favorite 0
quote 0
these are tiny, tiny little drops in a big ocean. there is not enough in corporate jets or even the hedge fund guys, although i would like to. they have to raise revenues, i hate to say it, on the middle class. this is the point that gets lost on this. everybody is in this boat. there is no way out of it unless every single american does something. >> raise revenues on the shrinking middle class, mark. >> everybody is in it, and evan is right -- evan addressed the possibility of default. when that happens, the federal government of the united states, which bars or 40 cents of every dollar we spend every single day, is faced with the option -- do you pay a sergeant in combat in kandahar, a grandmother with a 1-bedroom apartment in social security check, or to meet the obligations of bankers who are holding their debt in beijing and beverly hills? the answer is simple. the prior claim is on the second group. the reality is we are talking about -- the president is proposing increasing taxes, revenues, by 1% over the next 10 years. $400
these are tiny, tiny little drops in a big ocean. there is not enough in corporate jets or even the hedge fund guys, although i would like to. they have to raise revenues, i hate to say it, on the middle class. this is the point that gets lost on this. everybody is in this boat. there is no way out of it unless every single american does something. >> raise revenues on the shrinking middle class, mark. >> everybody is in it, and evan is right -- evan addressed the possibility of...
332
332
Jul 16, 2011
07/11
by
KQED
tv
eye 332
favorite 0
quote 0
. >> what i've tried to emphasize is we have a unique opportunity to do something big. >> suarez: but after five straight days of talks with congressional leaders, president obama conceded today something big remains elusive. >> we are obviously running out of time. and so what i've said to the members of congress is that you need, over the next 24 to 36 hours, to give me some sense of what your plan is to get the debt ceiling raised through if they show me a serious plan, i'm ready to move, even if it requires some tough decisions on my part. >> suarez: the president had previously insisted on extending the debt ceiling through 2012 past next year's election. but after thursday's talks, he settled for asking congressional leaders to review three options with their members. the first-- the so-called "grand bargain" that mr. obama favors-- would cut deficits by about $4 trillion dollars, including spending cuts and new tax revenues. a medium-range plan would aim to reduce the deficit by about half that amount. the smallest option would cut between $1 trillion and $1.5 trillion dollars
. >> what i've tried to emphasize is we have a unique opportunity to do something big. >> suarez: but after five straight days of talks with congressional leaders, president obama conceded today something big remains elusive. >> we are obviously running out of time. and so what i've said to the members of congress is that you need, over the next 24 to 36 hours, to give me some sense of what your plan is to get the debt ceiling raised through if they show me a serious plan, i'm...
276
276
Jul 3, 2011
07/11
by
KQED
tv
eye 276
favorite 0
quote 0
>> the big yachts? >> the big yachts! [everyone talking at once] >> don't you think this is more joe the plumber stuff he he says he wants to spread -- >> it's small -- small -- [everyone talking at once] >> small board demagoguery. >> i favor higher taxes on the rich, on the wealthy without question as part of this package. but if you can't get it for the reasons patted described, it's ridiculous to -- it's not going to go anywhere. >> for people like you and we want you to invest, we want you to invest in new properties. we want to you take risks. and -- maybe you can support t maybe you can't. some of you can't. but the 1 who take the risks are the one who have the money. and they do take the risk because of >>> the u.s. flag's colors and patterns are mimicked on walk shorts, bathing suits, even thongs. the supreme court decision texas versus johnson 22 years ago affirmed that even if you burn the flag or pour acid on the flag or deficate on the flag, it is not a misdemeanor and certainly knoll a felony therefore. it i
>> the big yachts? >> the big yachts! [everyone talking at once] >> don't you think this is more joe the plumber stuff he he says he wants to spread -- >> it's small -- small -- [everyone talking at once] >> small board demagoguery. >> i favor higher taxes on the rich, on the wealthy without question as part of this package. but if you can't get it for the reasons patted described, it's ridiculous to -- it's not going to go anywhere. >> for people like...
156
156
Jul 17, 2011
07/11
by
KQED
tv
eye 156
favorite 0
quote 0
i think he wants a big deal. i think he will take cuts that contracts won't want and take taxes. because his presidency and the future of the country -- he believes -- [everyone talking at once] >> socialistic. that what you're saying. >> vaguely socialistic, yes. >> when they came out with the report he said -- >> what is that report? >> that's a report that deals with the long-term deficit problems of this country. >> they recommend taxation, do they not. >> they had a whole series of recommendations, and the president said i will stand by what they did, except they're still waiting for him to stand by them. >> he's never taken it seriously, in not in his budget, not in his budget state, know when bowl simpson came city. not when they wanted a clean debt limit increase. so that he is winning a debate over the fiscal future of the country is astonishing! and. >> but he's keeping something else off page one! what is it? >> this is a genuine. >> the unemployment problem? it doesn't even figure in this. >> could not keep unemployment off the front page. it doesn't have to be on the
i think he wants a big deal. i think he will take cuts that contracts won't want and take taxes. because his presidency and the future of the country -- he believes -- [everyone talking at once] >> socialistic. that what you're saying. >> vaguely socialistic, yes. >> when they came out with the report he said -- >> what is that report? >> that's a report that deals with the long-term deficit problems of this country. >> they recommend taxation, do they not....
181
181
Jul 8, 2011
07/11
by
KQED
tv
eye 181
favorite 0
quote 0
big daddy cane is jimi hendrix. i understand why people are saying, what do you talk about? s.an age thing. if you are 45 and under, you perk up. that appeal to everybody. it was not soft or corny. tavis: there are a number of artists talking about the impact tribe had on them. what is the documentary trying to get us to understand about their influence on hip-hop? >> they make people feel like they were comfortable being themselves. i talked to quest love, the beasitie boys. when he was younger, he was seen as a weirdo. after tribe came out, that became the look. it made people feel comfortable being themselves. after hip-hop, it was cold chains and very much seasonal. tribe said that the not have to be like that. musically, they way they sampled and used the samples, took it to another level. musically, they broke the mold. tavis: i know that you are here today and not q tip. you have not seen him out there and we're talking about the documentary. >> you would have to ask him. he has come around. the film became a lot more interpersonal then any of us suspected when we fir
big daddy cane is jimi hendrix. i understand why people are saying, what do you talk about? s.an age thing. if you are 45 and under, you perk up. that appeal to everybody. it was not soft or corny. tavis: there are a number of artists talking about the impact tribe had on them. what is the documentary trying to get us to understand about their influence on hip-hop? >> they make people feel like they were comfortable being themselves. i talked to quest love, the beasitie boys. when he was...
183
183
Jul 12, 2011
07/11
by
KQED
tv
eye 183
favorite 0
quote 0
i really think the government's too big. i think we're outside the bounds of the enumerated powers and i think the problem is too big government we need to put it on a very strict atkins' style diet and lose about six or eight inches in its waistband. but i don't agree with him when it comes to tax expenditures that are stupid and calling that a tax increase if you take away the direct payments to somebody to get the todo something they already have todo. so in philosophy i agree, we need a smaller government, a more limited government, a more effective vernment, but i think the idea of somebody outside of congress telling us what our tax policy would be is ludicrous. >> rose: (laughs) this is what... i should make a point that we invited senator durbin and senator conrad tonight as well a they'll appear hopefully later this week. this is what david brooks said, as you well know. "if the republican party were a normal party it would take advantage of this amazing moment. it is being offered trillions of dollars in spending c
i really think the government's too big. i think we're outside the bounds of the enumerated powers and i think the problem is too big government we need to put it on a very strict atkins' style diet and lose about six or eight inches in its waistband. but i don't agree with him when it comes to tax expenditures that are stupid and calling that a tax increase if you take away the direct payments to somebody to get the todo something they already have todo. so in philosophy i agree, we need a...
137
137
Jul 24, 2011
07/11
by
KQED
tv
eye 137
favorite 0
quote 0
has the big deal turned into a big fizzle, pat buchanan? >> it has not, john. did it for awhile but now it is back, and we're talking about something close to adds 4 trillion deal. the president is deep in negotiations with boehner and cantor, and here are the terms. you raise the debt ceiling, at the same time there are 3 trillion in cuts, and they deal with social security and medicare. there is no revenue enhancement. however, you get together some kind of commission which what it does, john, it drops tax rates in return for giving away these deductions, exemptions, allowances, breaks, which in effect is pure reaganism. there's one problem with that. there's a penalty if nothing is done by the end of 2012 the old reagan tax rates for the wealthy go back into effect. john, there's possibly a big deal for this reason. there is weeping and gnashing of teeth in the democratic caucus, in the senate, and in the house over what obama is dealing with boehner. >> boehner's got his problems, too. >> well, boehner -- i think cantor is in on this deal, it appears. of co
has the big deal turned into a big fizzle, pat buchanan? >> it has not, john. did it for awhile but now it is back, and we're talking about something close to adds 4 trillion deal. the president is deep in negotiations with boehner and cantor, and here are the terms. you raise the debt ceiling, at the same time there are 3 trillion in cuts, and they deal with social security and medicare. there is no revenue enhancement. however, you get together some kind of commission which what it...
230
230
Jul 10, 2011
07/11
by
KQED
tv
eye 230
favorite 0
quote 0
we're talking big money. and doing something on social security and medicaid. it could all easily collapse, but for the first time, you have the leader of the country and a principal legislators at least looking at the possibility of doing the right thing. >> but the leader of the country has to lead. he has not yet. even though we have had the rumors and leaks that he is prepared to look at and to discuss, that is language he has used for two -- "i am happy to discuss --" is that the discussion time. it is crunch time. why have we not heard one proposal from the president? what are you going to do on medicare? >> it is such a certain argument we are having here brought some of us, a few of us, one of us maybe -- [laughter] has an idea that i-he would come to this, -- the idea that he would come to this, "come into my parlor, said the spider to fly." the republicans had their heads handed to them politically -- i am not saying they are substantively wrong -- they tidies debt reductions -- to the reductions -- tied it these debt reductions to the debt limit. i d
we're talking big money. and doing something on social security and medicaid. it could all easily collapse, but for the first time, you have the leader of the country and a principal legislators at least looking at the possibility of doing the right thing. >> but the leader of the country has to lead. he has not yet. even though we have had the rumors and leaks that he is prepared to look at and to discuss, that is language he has used for two -- "i am happy to discuss --" is...
160
160
Jul 27, 2011
07/11
by
KQED
tv
eye 160
favorite 0
quote 0
he chose to go big in a lot of different ways. and perhaps that was necessary as he has said, but it also set off a big backlash. we've been living with the consequences of that ever since. in part he did what he did without any republican support, because they made a calculate political decision tt opposition to obama was in fact the best course for them politically. so as jerry wrote today, the role of government is at the heart of the debate in this country about who we are as a people. but the hyper-partisanship has left us in a position where we can't easily deal with that, even if people of gowill want to do that. >> rose: the 28 election was ara and size of government? >> 2010 was. >> rose: 2010.yes, up to a poi,i think where the republicans may be overinterpreting is 2010 was also a referendum on the unhappiness of the american people about the state of the economy, and that is not entirely different from the role of government and the size of government, but it's not the same thing. it doesn't necessarily lead to the same
he chose to go big in a lot of different ways. and perhaps that was necessary as he has said, but it also set off a big backlash. we've been living with the consequences of that ever since. in part he did what he did without any republican support, because they made a calculate political decision tt opposition to obama was in fact the best course for them politically. so as jerry wrote today, the role of government is at the heart of the debate in this country about who we are as a people. but...
188
188
Jul 11, 2011
07/11
by
KQED
tv
eye 188
favorite 0
quote 0
and i think that is the big challenge right now. how do we basically develop a political platform and a mandate to do those four things. >> i would add a couple things. to what tom said which i basically agree with. but first there is a cultural element here. it's not just a problem in washington, it's a pblem in the culture. a nation where people have distrust of authority, don't trust government, unwilling to accept sacrice, feel very threatened, want pore government than they are willing to pay for, and so there has to be a gigantic education campaign to go under that. and then the second thing i would add, and tom talked about a hybrid politics, i uld say we'vead it. and we just have to rediscover it. and i go back perpeally to my hero alex aner hamilton who created this hrid politics it was not -- he got us out of the big government versus small government debat he stood for lited b energetic government to enhance social mobility. so people in the hamiltonian practise decision which include the wig party and the lincoln an repu
and i think that is the big challenge right now. how do we basically develop a political platform and a mandate to do those four things. >> i would add a couple things. to what tom said which i basically agree with. but first there is a cultural element here. it's not just a problem in washington, it's a pblem in the culture. a nation where people have distrust of authority, don't trust government, unwilling to accept sacrice, feel very threatened, want pore government than they are...
165
165
Jul 8, 2011
07/11
by
KQED
tv
eye 165
favorite 0
quote 0
there is a big income divide. affluent republicans say it is more important to reduce the deficit but poorer republicans, middle class and lower middle class republicans say no, no, protect our benefits. >> woodruff: and are these attitudes, andy, that have changed over time with all the attention that's now being give tone the size of the debt and the urgency of the problem. >> you know, people are willing to do a lot of things to reduce this deficit. the concern is at an all-time high but when it comes to entitlements, there's no movement. it really is rock solid when we see 2 to 1 margins. >> and again entitlements meaning social security. >> and even medicaid, having states raise -- make it -- reduce eligibility for medicaid, not 2 to 1 but a solid majority say no let's not do that. >> woodruff: naftali -- with public opinion aside, what sort of divide or is there one among the leadership in the democratic or republican parties between the rank and file. >> i think that is one of the most interesting dynamics
there is a big income divide. affluent republicans say it is more important to reduce the deficit but poorer republicans, middle class and lower middle class republicans say no, no, protect our benefits. >> woodruff: and are these attitudes, andy, that have changed over time with all the attention that's now being give tone the size of the debt and the urgency of the problem. >> you know, people are willing to do a lot of things to reduce this deficit. the concern is at an all-time...
91
91
Jul 30, 2011
07/11
by
KQED
tv
eye 91
favorite 0
quote 0
that's a big drop! why that big cleavage? >> that's a huge -- very good question, john. that's an e norming change. >> did we have problem with the commerce department. >> they try to make the job numbers look as good as possible when they come out. when they -- >> you mean when they're bad, they try to make them look good? >> as good as possible. when they do revisions they find out the assumptions they made were inaccurate. they estimate how many jobs are created by companies that started. they estimate a certain number of startups, then they find out, guess what, they didn't have that number of startups. it's a statistical effort to make this, and they have overstated -- >> who is controlling their efforts to do that? is that just the instincts of federal workers? [everyone talking at once] >> they're bureaucrats, they're professionals and they are doing the best they can. this is no more a conspiracy than the media extra that you seem to think -- >>> know, this is politics! and it's not heal fum for his re-election. so a call comes from the white house. you can use a
that's a big drop! why that big cleavage? >> that's a huge -- very good question, john. that's an e norming change. >> did we have problem with the commerce department. >> they try to make the job numbers look as good as possible when they come out. when they -- >> you mean when they're bad, they try to make them look good? >> as good as possible. when they do revisions they find out the assumptions they made were inaccurate. they estimate how many jobs are created...
156
156
Jul 26, 2011
07/11
by
KQED
tv
eye 156
favorite 0
quote 0
cbs is a big winner, 23%. there's more going on than n.f.l. advertising. the ad rates are pretty good. >> ad rates up 20% and they're all sold out. everybody is ready for football. the pent up is enhancing the ad sales and people watching television. >> tom: no shot patch when it comes to football. the owner of the new england patriots robert kraft took the lead on this. had to this to say about the other big negotiations going on in washington. take a listen. >> i hope we gave a little lesson to the people in washington because the debt crises is a lot easier to fix than this deal was autopsy tom more complicated business than the u.s. debt ceiling. they understand what real debt is. let's start football now. are you listening mr. boehner and president obama. we are list ink, it is rick harrow with harrow sports. thank you, sir. >> susie: in china, ambitious plans to expand its high-speed rail system are being scrutinized after a deadly wreck over the weekend. one train fell off a bridge after being derailed. 39 people were killed and almost 200 others in
cbs is a big winner, 23%. there's more going on than n.f.l. advertising. the ad rates are pretty good. >> ad rates up 20% and they're all sold out. everybody is ready for football. the pent up is enhancing the ad sales and people watching television. >> tom: no shot patch when it comes to football. the owner of the new england patriots robert kraft took the lead on this. had to this to say about the other big negotiations going on in washington. take a listen. >> i hope we...
212
212
Jul 11, 2011
07/11
by
KNTV
tv
eye 212
favorite 0
quote 0
chris: when we come back, this week's big question. the president has lost voters who can give him hope in the country's economic future three years ago. can he re-inspire them again next year? be right back. hi parents, it's going to be such a big school year. your kids will each take care of our class hamsters, lewis & clark. then i'll tell them the story of pluto, the sad little planet that was. i'll introduce them to some new friends, the fractions, and some cold blooded ones, the dinosaurs. [sfx: dinosaur growl] clark! anyway, here's what they'll need: markers, scissors, crayons, pencils, folders, juice boxes, pretzel sticks, glue sticks, tape that sticks, and glitter. so much glitter. school takes a lot. target has it all. chris: welcome back. take a look at this stunning poll information. in the exit polls on the day barack obama beat john mccain in 2008, 60% of voters who said they were pessimistic about the economic future voted for obama. compare that to the most recent nbc/"wall street journal" poll. only 16%, 1-6, who were
chris: when we come back, this week's big question. the president has lost voters who can give him hope in the country's economic future three years ago. can he re-inspire them again next year? be right back. hi parents, it's going to be such a big school year. your kids will each take care of our class hamsters, lewis & clark. then i'll tell them the story of pluto, the sad little planet that was. i'll introduce them to some new friends, the fractions, and some cold blooded ones, the...
160
160
Jul 29, 2011
07/11
by
KQED
tv
eye 160
favorite 0
quote 0
i mean, the big difference between them... >>. >> rose: she was more hard line than he was and it'said she is even today in the councils of government. that she was more allied with bob gates than she was... >> yeah, that was the big difference during the campaign between them and that was what got oba doing soell in iowa was his rly opposition. >> rose: she supported the war even though it was just based on a speech that he'd written. so the last question is what's it going to take so that this is no longer true? >> think that it's going to be with us, charlie, for a very, very long time. and the reason i say that is that as the years go by it isn't that apresident has to think about vietnam, because vietnam has now insinuated itself int the d.n.a. of every presidt. now you think of code words. you think out having a clear exit strategy. >> rose: right. >> of giving clear instructions to the military. what are you really saying? you're really saying "i don't want another vietnam," but you don't articulate the word. you live the thought, the very essence of it. and that essence is now
i mean, the big difference between them... >>. >> rose: she was more hard line than he was and it'said she is even today in the councils of government. that she was more allied with bob gates than she was... >> yeah, that was the big difference during the campaign between them and that was what got oba doing soell in iowa was his rly opposition. >> rose: she supported the war even though it was just based on a speech that he'd written. so the last question is what's it...
174
174
Jul 3, 2011
07/11
by
KNTV
tv
eye 174
favorite 0
quote 0
it's not just a few big rerters to worry about anymore. how modern news coverage has changed politics itself. chris: welcome back. we're talking about how new media changed politics. it used to be a few reporters from a few big players were all a national politician had to worry about. you know, the boys on the bus. the turning point was in january of 1998. a little-known guy with his own internet gossip site rocked washington. he broke a gossip item "newsweek" had been sitting on. they hadn't vetted it yet. it was posted on "the drudge report" and here it was. the president of the united states is having an affair with monica lewinsky. three days later, the "washington post" decided to go with that story that "newsweek" editors had been vetting. another example, it took a reporter for abc news' internet political sheet called "the note" to break this. >> when strom thurmond rain for -- ran for president, we voted for him. we're proud of him. and if the rest of the country had followed our lead we wouldn't have had all these problems over
it's not just a few big rerters to worry about anymore. how modern news coverage has changed politics itself. chris: welcome back. we're talking about how new media changed politics. it used to be a few reporters from a few big players were all a national politician had to worry about. you know, the boys on the bus. the turning point was in january of 1998. a little-known guy with his own internet gossip site rocked washington. he broke a gossip item "newsweek" had been sitting on....
169
169
Jul 26, 2011
07/11
by
KQED
tv
eye 169
favorite 0
quote 0
and this going on in washington is a big part of the reason why. before i served in congress i ran a small business in ohio. i was amazed at how different washington d.c. operated than every other business in america. where most american businesses make the hard choices to pay their bills, live within their means. in washington, more spending and more debt is business as usual. well, i've got news for washington, those days are over. president obama came to congress in january and requested businesses as usual. he had ner routine increase in the national debt, but we in the house said not so fast. here was a president asking for the largest debt increase in american history on the heels of the largest spending binge in american history. and here's what we got for that massive spending binge. a new health-care bill that most americans never asked for. a stimulus bill that's more effective in producing material for late night comedians than it was in producing jobs. and a national debt that has gotten so out of hand it sparked a crisis without preced
and this going on in washington is a big part of the reason why. before i served in congress i ran a small business in ohio. i was amazed at how different washington d.c. operated than every other business in america. where most american businesses make the hard choices to pay their bills, live within their means. in washington, more spending and more debt is business as usual. well, i've got news for washington, those days are over. president obama came to congress in january and requested...
139
139
Jul 10, 2011
07/11
by
KNTV
tv
eye 139
favorite 0
quote 0
chris: when we come back, this week's big question. the president has lost voters who can give him hope in the country's economic future three years ago. can he re-inspire them again next year? be right back. these sweet honey clustery things have fiber? fiber one. almost tastes like one of jack's cereals. uh, forgot jack's cereal. [ jack ] what's for breakfast? uh, try the number one! i've never heard of that. [ wife ] it's great. it's a sweet honey cereal, you'll love it. yeah, this is pretty good. are you guys alright? yeah. [ male announcer ] half a days worth of fiber. not that anyone has to know. fiber beyond recognition. fiber one. and started earning loads of points. you got a weather balloon with points? yes i did. [ man ] points i could use for just about anything. ♪ ♪ there it is. [ man ] so i used mine to get a whole new perspective. ♪ [ male announcer ] the new citi thankyou premier card gives you more ways to earn points. what's your story? citi can help you write it. chris: welcome back. take a look at this stunnin
chris: when we come back, this week's big question. the president has lost voters who can give him hope in the country's economic future three years ago. can he re-inspire them again next year? be right back. these sweet honey clustery things have fiber? fiber one. almost tastes like one of jack's cereals. uh, forgot jack's cereal. [ jack ] what's for breakfast? uh, try the number one! i've never heard of that. [ wife ] it's great. it's a sweet honey cereal, you'll love it. yeah, this is pretty...
165
165
Jul 31, 2011
07/11
by
CSPAN
tv
eye 165
favorite 0
quote 0
. >> i want to talk about the big month coming up in iowa in august. there's a lot going on in the g.o.p. primary. can you handicap the race for us a little bit in iowa and specifically handicap the straw poll, as you see it now, a couple of weeks out? >> well, first of all, it's a very fluid situation. as you know, the last time romney won the poll but then the iowa caucuses was won by governor huckabee. since huckabee decided relatively late not to run, things are wide open. and romney is not competing in the straw poll. so, you know, the two -- romney is the national frontrunner but not competing in the straw poll. so you've got a wide open situation. congressman michelle bachmann was born and raised in iowa. i think she got off to a really good start here. governor pawlenty, the former governor of minnesota, although he's not done well in the polls, he may surprise some people i think he may do better than people expect. also, you got ron paul, who's going to be competitive in this. herman cane. rick santorum. just recently rick perry, although he'
. >> i want to talk about the big month coming up in iowa in august. there's a lot going on in the g.o.p. primary. can you handicap the race for us a little bit in iowa and specifically handicap the straw poll, as you see it now, a couple of weeks out? >> well, first of all, it's a very fluid situation. as you know, the last time romney won the poll but then the iowa caucuses was won by governor huckabee. since huckabee decided relatively late not to run, things are wide open. and...
179
179
Jul 21, 2011
07/11
by
KQED
tv
eye 179
favorite 0
quote 0
paul krugman and others have suggested that it was never big enough from the start. the white house cut a deal and they thought they could get through even when they controlled both houses of congress. >> right. a couple of things. let's remember that it barely got through. there was not a lot of margin. that is related to the second point. i am sympathetic as a peer of economists to the notion that it should have been there. -- i am sympathetic as a pure and economist. it did not look obvious that say a trillion dollar stimulus could have gotten through the congress even though both congress is had democratic majority. -- both houses had a democratic majority. the number kept changing. it was 787 and now it is estimated to be 850 as more data came in. this is not at all obvious that we had gotten bigger. what is obvious is that we could have made it better. this is lost to history now, but you might remember in return for almost no republican votes, no matter what it was, the president gave over about 250 billion, about 1/3 of the stimulus. this was in the spirit of
paul krugman and others have suggested that it was never big enough from the start. the white house cut a deal and they thought they could get through even when they controlled both houses of congress. >> right. a couple of things. let's remember that it barely got through. there was not a lot of margin. that is related to the second point. i am sympathetic as a peer of economists to the notion that it should have been there. -- i am sympathetic as a pure and economist. it did not look...
343
343
Jul 7, 2011
07/11
by
KQED
tv
eye 343
favorite 0
quote 0
consumer company after big consumer company pulling their advertising from quoted news of the world," the commercial future -- from "news of the world," the commercial future was looking bleak. >> it is going to be investigated. there must be a full judicial inquiry. >> here is the other newspaper jewel acquired by rupert murdoch in 1969," the sun." could there be a sunday without a murdoch tabloid? unthinkable, surely. >> despite today's announcement, the fallout from the scandal seems to be far from over. scotland yard say they have identified 4000 possible hacking victims. an inquiry will start into possible wrongdoing by police officers. we have the latest on that part of the case. >> this famous newspaper titles may have been confined to history, but the scrutiny of its methods goes on. britain's most senior policeman has officers investigating whether other officers were bribed by journalists. >> a small group of officers may have engaged in these practices. i will determine to do what we should do, and that is proceed to criminal courts. >> a former employee told the court las
consumer company after big consumer company pulling their advertising from quoted news of the world," the commercial future -- from "news of the world," the commercial future was looking bleak. >> it is going to be investigated. there must be a full judicial inquiry. >> here is the other newspaper jewel acquired by rupert murdoch in 1969," the sun." could there be a sunday without a murdoch tabloid? unthinkable, surely. >> despite today's announcement,...
472
472
Jul 5, 2011
07/11
by
KQED
tv
eye 472
favorite 0
quote 0
the afghan forces lacked much and british officers say privately they are -- there is still a big problem with corruption. nato's deployment has peaked. the question now is will the afghans be able to do the job of the british soldiers have been doing as they start to leave? >> that is the question indeed. on the ground, the fighting continues. in washington, three american senators, three -- two democrats and one republican pended op-ed in the "new york times" which called for a more rapid withdrawal of all american combat troops. tom udall is among those arguing the case. thank you for joining me. you criticize president obama for not bringing back american troops fast enough from afghanistan. what would you like him to do? >> the thing we have to realize is the thing we went in with objectives. those objectives were displacing a government that was harboring terrorists. terrorist camps, al qaeda was hooked up with them, and osama bin laden was in the region. now we have an elected government, we have completely changed the landscape, we have trained approximately 400,000 afghans in ter
the afghan forces lacked much and british officers say privately they are -- there is still a big problem with corruption. nato's deployment has peaked. the question now is will the afghans be able to do the job of the british soldiers have been doing as they start to leave? >> that is the question indeed. on the ground, the fighting continues. in washington, three american senators, three -- two democrats and one republican pended op-ed in the "new york times" which called for...
95
95
Jul 23, 2011
07/11
by
KQED
tv
eye 95
favorite 0
quote 0
of the big three stock indices today. phone giant verizon was among those dragging on the dow. shares fell more than 2%. volume doubled on the drop as the stock is at its lowest price of the month. second quarter earnings were two cents per share better than anticipated. but its iphone business hasn't shown the explosive subscription growth. verizon wireless sign up just two-thirds of the iphone subscribers at a.t.&t. did during the past quarter. separately, lowell mcadams was officially named the new c.e.o., beginning august first. while telecom was one of the weakest sectors, technology was the strongest thanks to semiconductor maker advanced micro devices. earnings came in a penny ahead of estimates, not a huge surprise. but it was a strong third quarter outlook that shot the stock higher. take a look. a.m.d. was the second most actively traded nasdaq stock. volume quadrupled as shares jumped almost 20%. still, they have some ground to gain over worries about a.m.d.'s focus on net-book computers and lower end lap-tops
of the big three stock indices today. phone giant verizon was among those dragging on the dow. shares fell more than 2%. volume doubled on the drop as the stock is at its lowest price of the month. second quarter earnings were two cents per share better than anticipated. but its iphone business hasn't shown the explosive subscription growth. verizon wireless sign up just two-thirds of the iphone subscribers at a.t.&t. did during the past quarter. separately, lowell mcadams was officially...
296
296
Jul 5, 2011
07/11
by
KQED
tv
eye 296
favorite 0
quote 0
that's the big difference between the nba and the nfl. the nba owners and management are actually asking concessions from their players. >> howard beck, what would you add to that? help us understand the divide between the owners and the players in basketball. >> well, it basically breaks down along two lines for the nba. there's the philosophical or the stuck toural side of thisçç which is that they want to impose this hard salary cap instead of the soft cap which has all kinds of exceptions that allow teams to go past the cap limit on payrolls and a hard cap which would be an all-time first for the nba, something that players have been fighting against for decades really, ever since the sort cap system went into place. there's the structural. the other side is just the straight financial division of the revenues which are near $4 billion. currently the players make about 57%. the owners are saying they want to ratchet it down to more of a 50-50 split. even within that it's a redefined revenueç kol that they want to split 50-50. wha
that's the big difference between the nba and the nfl. the nba owners and management are actually asking concessions from their players. >> howard beck, what would you add to that? help us understand the divide between the owners and the players in basketball. >> well, it basically breaks down along two lines for the nba. there's the philosophical or the stuck toural side of thisçç which is that they want to impose this hard salary cap instead of the soft cap which has all kinds...
126
126
Jul 6, 2011
07/11
by
KQED
tv
eye 126
favorite 0
quote 0
big volume, as you can imagine. a private equity firm will buy the blood testing products company for just under $2 billion, or $27 per share. penny below closing price. the financial sector was the biggest drag, held back by regional banks. the dallas-based comerica shed 3%. first horizon is from tennessee. it dropped almost 3%. citi cut price targets on both, citing pressure on earnings as interest rates stay low. the nasdaq was the only of the three major indices to close higher. the best nasdaq 100 stock was netflix. volume more than doubled as the stock ran up more than 8%. nice move here. this is an all-time for shares. it announced new internet streaming service in latin america and the caribbean as it continues to expand globally. some wall street worries hit shares of medical device maker medtronic. the stock fell 3% on heavy volume. last week, a medical journal raised questions about a bone growth product and today wells fargo downgraded the stock. this is the past 180 sessions. a couple of decent rallies,
big volume, as you can imagine. a private equity firm will buy the blood testing products company for just under $2 billion, or $27 per share. penny below closing price. the financial sector was the biggest drag, held back by regional banks. the dallas-based comerica shed 3%. first horizon is from tennessee. it dropped almost 3%. citi cut price targets on both, citing pressure on earnings as interest rates stay low. the nasdaq was the only of the three major indices to close higher. the best...
178
178
Jul 14, 2011
07/11
by
KQED
tv
eye 178
favorite 0
quote 0
too much liquidity, too big deficits, too much inflation. the kind of stagation that came at the end of jimmy carter's presidency. others areoncerned about t mistakes of the late 1930's or the mistakes japan made in the 1990's of an economy that simply stalls out because there ist enough demand. and even with the zero interest rate,removing that barrier to investment just never fully takes off. and my judgment for the first time in my professional lifetime is that for the united states, the much greater risk is on the side of making the mistake that japan made. >> chaie: not to do enough. >> not to do, not to do enough. and i think the people who are fighting the war of the late 1970's are with the best of intentions and with a legitimate concern by pvileging that concern are putting future prosperity at risk. >> charlie: how do you create demand? i know thebig picture. you use the government to promote policies. what are the policies to get people to demand more products so companies can make more products and hire more people and use capit
too much liquidity, too big deficits, too much inflation. the kind of stagation that came at the end of jimmy carter's presidency. others areoncerned about t mistakes of the late 1930's or the mistakes japan made in the 1990's of an economy that simply stalls out because there ist enough demand. and even with the zero interest rate,removing that barrier to investment just never fully takes off. and my judgment for the first time in my professional lifetime is that for the united states, the...
153
153
Jul 14, 2011
07/11
by
KQED
tv
eye 153
favorite 0
quote 0
is italy too big to fail? >> well, certainly it is. i mean, if you have to think about a rescue package for italy no one today has the money to put it up. i mean, let's face it, as you said before, italy is six times the size of greece. so i think that everybody should be quite calm. today the markets were doing much better. it's true, as ken was saying before, part of the confusion arose because of a fight over an internal political fight between berlusconi and finance minister tremonte. but the decree for a large austerity plan was already passed. and it was because of this fight that the markets feared that maybe this decree was not going to be approved by parliament. today the situation has been clarified. by friday this package will be passed and, you know, italy is going to go on by adopting this plan and by 2014 it will have a balanced budget which is going to be quite an enviable situation if all of this will go according to plan. >> suarez: professor rogoff, the news of the austerity plan seemed to have calmed really jittery m
is italy too big to fail? >> well, certainly it is. i mean, if you have to think about a rescue package for italy no one today has the money to put it up. i mean, let's face it, as you said before, italy is six times the size of greece. so i think that everybody should be quite calm. today the markets were doing much better. it's true, as ken was saying before, part of the confusion arose because of a fight over an internal political fight between berlusconi and finance minister tremonte....
113
113
Jul 8, 2011
07/11
by
KQED
tv
eye 113
favorite 0
quote 0
how big? >> another problem. because athis point they had a sort of hand shake dealor something over a trillion dollars in discretionary cuts. democrats said well, when you go into appropriations and start making these cuts this is how much that has to go to defense. republicans said no, they have t agreed to that yet. it's a major stumbling block at this point. so while it was beginning to look like in the biden talks that there was consensus around certain things, and i think it's true in some of the non-health maatory like farm subsidies and federal worker pensis and trb i care i understand is on the table, they agreedhat the were rape targets. but the idea that they agreed on what to cut and how to cut it i think was oversold. >> hunt: again, what's the defense target if they could get a con seine us? >> well, obama has offered something like $300 billion over ten. or $400 over 12. but i don't think republicans have been willing to accept that so far. >> hunt: when we talk about crunch time now, julianna, we'
how big? >> another problem. because athis point they had a sort of hand shake dealor something over a trillion dollars in discretionary cuts. democrats said well, when you go into appropriations and start making these cuts this is how much that has to go to defense. republicans said no, they have t agreed to that yet. it's a major stumbling block at this point. so while it was beginning to look like in the biden talks that there was consensus around certain things, and i think it's true...
94
94
Jul 24, 2011
07/11
by
KQED
tv
eye 94
favorite 0
quote 0
there was a big difference between cancer and migraines. if we are going to hold up a standard that if you have a headache that knocks you out for an hour or two, you cannot be president, fdr and kennedy, who had addison's disease, and eisenhower, who had a bad heart, would never have been president of the united states. i am not sure that is the position any of us would want to take. i think her answer was good, i think based on the evidence -- is their behavioral evidence of this woman not being able -- >> just be a cautionary. >> well, cautionary is fine -- >> i don't know the capitol hill physicians but i don't think it is fair to imply that somehow this is a less qualified individual. >> i'm not saying that. >> what about rick perry? >> rick . looks more and more like he is going to come into the race. -- rick perry looks more and more like he is going to come into the race. mike huckabee, a conservative finalist in 2008 against john mccain, has taken a shot at him, saying he will be the champion of traditional values and high morals,
there was a big difference between cancer and migraines. if we are going to hold up a standard that if you have a headache that knocks you out for an hour or two, you cannot be president, fdr and kennedy, who had addison's disease, and eisenhower, who had a bad heart, would never have been president of the united states. i am not sure that is the position any of us would want to take. i think her answer was good, i think based on the evidence -- is their behavioral evidence of this woman not...
185
185
Jul 19, 2011
07/11
by
KQED
tv
eye 185
favorite 0
quote 0
big growth in software systems and services which is the big moneymaker. the outlook looks pretty bright so what should shareholders be paying close to. >> the outlook is pretty bright. going back to your earlier question, you could tone down your enthusiasm because the top line reporting of revenues based on currency tailwind, nevertheless, 5% same currency as revenue growth for the company overall is pretty good. so it is looking ahead i think we have to see whether the strength in hardware can continue because they had new fresh batch of machines last september. and those are now about a year dated. and they will pull a lot of orders for three quarters now and that will continue and software and services get added on to that. and that continues for another year or so. that is one question in mind. >> at least i anybodially it seems like the shareholders were putting courage-- the share price looks to pop to possibly a new high after hours, certainly if did. if that continues to tomorrow it will be close to $180 per share. what is your outlook for the st
big growth in software systems and services which is the big moneymaker. the outlook looks pretty bright so what should shareholders be paying close to. >> the outlook is pretty bright. going back to your earlier question, you could tone down your enthusiasm because the top line reporting of revenues based on currency tailwind, nevertheless, 5% same currency as revenue growth for the company overall is pretty good. so it is looking ahead i think we have to see whether the strength in...